Location, location, location – why invest in property in the UK?

With house prices rising year on year and rental rates at an all-time high across the board, the UK is understandably becoming an investment hotspot for overseas buyers. As our population expands there is a growing shortage of housing – and whilst this is generally bad news for renters, landlords are quickly profiting from swift rental rates and higher costs attached with tenancy. Coupled with low interest rates and continuing improvements to major cities it’s easy to see why UK cities are naturally an attractive prospect for those looking to expand their portfolio or secure some passive income.

Liverpool

University town and city of culture Liverpool has plenty to offer potential investors – with up-and-coming pockets of the urban sprawl offering up profitable growth both for landlords and those looking to increase the value of properties and sell on. The area’s L7 postcode covers two of its three universities – so it’s a hotspot for student lets as well as swanky city pads.

Leeds

Northern commercial hub Leeds is the UK’s second financial hub outside of London – and the city’s close proximity to an international airport, motorway links to the south and respected universities make it a popular location to live and work. Leeds’ popular LS6 postcode yields an average rental of £1,463 – presenting significant potential for profit for landlords in the area.

Manchester

Manchester continues to top property investment polls, with an average rental value of £1,050. The city has benefited from considerable regeneration over the past decade – improvements that have naturally affected its desirability and liveability scores amongst residents and investors. Manchester’s 100,000-strong student population fuels its high-yield lettings market – with sizeable profits on offer for landlords looking to offer accommodation close to faculties and campuses.

Nottingham

Nottingham remains a buy-to-let ‘safe bet’ for investors both here in the UK and overseas. Its easily accessible location and great range of amenities make it a naturally popular destination for young professionals and families alike. On its periphery over 50 major companies hold headquarters, resulting in an ever-increasing demand for rental properties.

Plymouth

Property giant Savills have predicted that Plymouth’s property market will grow by nearly 30% in the run up to 2018 – so now is the perfect time to buy. Regeneration and investment in the city (including central retail developments, improvements to university facilities and other community projects) has significantly bolstered an already developing buy-to-let market.

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